Thu Dec 11 01:06:07 UTC 2025: Summary of the Text:
U.S. President Donald Trump has launched his “gold card” program, offering legal status and a pathway to citizenship to individuals who pay $1 million or corporations that pay $2 million per foreign-born employee. This initiative is positioned as a replacement for the EB-5 visa, attracting top talent and generating revenue for the U.S. government. While Trump has built his political career on stricter immigration policies, this program has drawn criticism from within his own party. The program includes vetting processes and targets highly skilled graduates from foreign countries.
News Article:
Trump Unveils Controversial “Gold Card” Visa Program
Washington, D.C. – In a move that has sparked both excitement and controversy, U.S. President Donald Trump officially launched his “gold card” visa program on Wednesday. The program, designed to attract top global talent and generate revenue, offers legal status and a pathway to U.S. citizenship to individuals paying $1 million or corporations investing $2 million per foreign-born employee.
President Trump unveiled the initiative at the White House, surrounded by business leaders. He framed the “gold card” as a replacement for the EB-5 visa, emphasizing its potential to bolster the U.S. economy. According to Trump, funds generated by the program will flow directly to the U.S. Treasury, enabling the government to “do things positive for the country.”
While supporters tout the “gold card” as a means to secure highly skilled graduates from foreign universities, critics within the “Make America Great Again” movement question the program’s alignment with Trump’s hard-line immigration policies. Commerce Secretary Howard Lutnick assured the public that a rigorous vetting process would ensure that all applicants meet the requirements to reside in America. He also stated that the program aims to attract individuals who earn more than the average American.
The “gold card” program marks a significant shift in U.S. immigration policy, drawing comparisons to “golden visa” programs offered by other countries like the United Kingdom, Spain, and Canada. With applications now being accepted, the program’s long-term impact on the U.S. economy and immigration landscape remains to be seen.